3Com to Open $30 Million European Supply Chain Integration Centre in Ireland.DUBLIN, Ireland--(BUSINESS WIRE)--Dec. 9, 1999-- New European Supply Chain Integration Centre to Open as Part of 3Com's Continued Drive to Improving Overall Operational Efficiency 3Com Corporation (Nasdaq:COMS COMS 3Com Corporation (stock symbol) COMS Certified Orientation and Mobility Specialist COMS Continuous Opacity Monitoring Systems COMS City of Manchester Stadium (UK) ) announced today a $30 million investment to create a new state-of-the-art European supply chain integration centre at its Blanchardstown site in Ireland. 3Com's plans for the new facility were disclosed by Bertie Ahern, Ireland's Prime Minister, at a ceremony today. The new European supply chain integration centre will involve the linking together of 3Com's existing manufacturing facilities and the creation of a new 170,000 sq. ft customer order fulfilment centre to take care of all the distribution and supply chain functions. 3Com has already invested heavily in Ireland, employing over 1,000 people in Blanchardstown. An additional 250 jobs will be created over the next four years, mainly in the manufacturing operation, as the supply chain centre is fully automated. The announcement of the new European supply chain integration centre is a further step in 3Com's ongoing commitment to improving its overall operational efficiency. Already this year 3Com has announced that it has reduced its cash-to-cash cycle - the number of days elapsed e·lapse intr.v. e·lapsed, e·laps·ing, e·laps·es To slip by; pass: Weeks elapsed before we could start renovating. n. between payment of suppliers and collection of money from customers - to its lowest ever point in recent history and significantly below the industry average. This is largely due to a sharp decline in days sales outstanding In accountancy, Days Sales Outstanding is a company's average collection period. A low figure indicates that the company collects its outstanding receivables quickly. Typically it is looked at either quarterly or yearly (90 or 365 days). (DSO See CSO. ), good collection efforts, the improved linearity of orders and shipments, combined with continued reductions in inventories, both within 3Com's own operations and throughout the channel. "Increasingly, businesses and consumers alike are moving towards buying over the World Wide Web which means that vendors must be able to respond fast to customer orders and, where possible, look for ways to offer a personalised service offering," said John McClelland John McClelland (1805–1875) was a British medical doctor with interests in geology and biology, who worked for the East India Company. He was appointed 1836 as the secretary of the "Coal Committee", the forerunner of the Geological Survey India (GSI), formed to explore , senior vice president, supply chain operations, 3Com Corporation. "With this new European supply chain integration centre, we will be able to fulfil online orders and set an example to other companies of how a 3Com(R) e-network can power their supply chain to enhance performance, reduce costs and provide competitive advantage." McClelland continued, "3Com is dedicated to providing organisations of all sizes with e-networks especially suited for supporting modern e-business applications such as supply chain management. Supply chain management is all about consolidating data from a company's manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. , inventory systems and suppliers to provide a single, unified view of the supply chain. This new supply chain integration centre will allow us to streamline our own operations and information sharing See data conferencing. with our suppliers, customers and channel partners to give us greater flexibility and reduce time-to-market." The European supply chain integration centre will handle all of 3Com's European sales orders. In addition, many of the 3Com products that are shipped throughout Europe are manufactured in Blanchardstown. These include desktop network interface cards, desktop modems and ISDN terminal adapters A device that adapts a computer to a digital ISDN line. Like a modem, it plugs into the serial port of the computer or into an expansion slot. Some terminal adapters use the parallel port for higher speed. , PC Cards, the OfficeConnect(R) range of hubs for the small office/home office See SOHO. market, the SuperStack(R) range of hubs and switches for business networking This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. and carrier products for Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. . About 3Com Corporation With over 300 million customer connections worldwide, 3Com Corporation connects more people and organisations to information and each other in more innovative, simple and reliable ways than any other networking company. 3Com delivers e-Networking solutions through information access products and network systems to enterprises, small businesses, consumers, carriers and network service providers. 3Com More connected.(TM) For further information, visit 3Com's World Wide Web site at www.3com.com or the press site at www.3com.com/pressbox. Note to Editors: 3Com, OfficeConnect and SuperStack are registered trademarks and More connected. is a trademark of 3Com Corporation. |
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